Salary Minimum Wage 2024 Michigan. Living wage calculation for ann arbor, mi. Approximately 32% of organizations adjusted their salary budgets for inflation,.
Effective january 1, 2024, the minimum wage rate is $10.33 per hour. The minimum hourly wage will increase to $10.33 per hour.
The Department’s Final Rule, Which Will Go Into Effect On July 1, 2024, Will Increase The Standard Salary Level That Helps Define And Delimit Which Salaried Workers Are Entitled To Overtime Pay Protections Under The Flsa.
The new act will require every contractor and subcontractor in michigan to pay the prevailing wage and benefit rates to employees working on most state funded construction projects.
Employers Can Pay Minors 85% Of The Minimum Wage ($8.78 Per Hour).
The michigan department of labor and economic opportunity announced an increase in the state’s minimum wage rates effective january 1, 2024.